Australian Prime Minister Anthony Albanese welcomed comments by his British counterpart at the G7 summit that Britain and the United States will proceed with the AUKUS nuclear submarine treaty with Australia,

Malcolm Turnbull, who was behind the French submarine contract that Morrison dramatically tore up in favour of Aukus, said Australia needs to "wake up", realise it's a "bad deal" which the US could renege on at any point, and make other plans before it is too late.

ANALYSIS: The US is reviewing the Aukus submarine programme just after Australia paid a US$500m down payment. Can the alliance survive ‘America First’ or is this an opportunity for Australia to change direction?